Tenet Healthcare
262 hedge funds and large institutions have $3.1B invested in Tenet Healthcare in 2018 Q3 according to their latest regulatory filings, with 50 funds opening new positions, 100 increasing their positions, 75 reducing their positions, and 39 closing their positions.
160% more call options, than puts
Call options by funds: $115M | Put options by funds: $44.2M
33% more repeat investments, than reductions
Existing positions increased: 100 | Existing positions reduced: 75
28% more first-time investments, than exits
New positions opened: 50 | Existing positions closed: 39
4% more funds holding
Funds holding: 253 → 262 (+9)
2.17% more ownership
Funds ownership: 104.22% → 106.39% (+2.2%)
13% less capital invested
Capital invested by funds: $3.57B → $3.1B (-$470M)
50% less funds holding in top 10
Funds holding in top 10: 8 → 4 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$51M |
| 2 |
Vanguard Group
Malvern,
Pennsylvania
|
+$32.7M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$20.8M |
| 4 |
Point72 Asset Management
Stamford,
Connecticut
|
+$19.7M |
| 5 |
NCM
Nantahala Capital Management
New Canaan,
Connecticut
|
+$16.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PHS
PFM Health Sciences
San Francisco,
California
|
-$31.8M |
| 2 |
CCI
Columbus Circle Investors
|
-$29.7M |
| 3 |
Morgan Stanley
New York
|
-$29.5M |
| 4 |
CCM
Camber Capital Management
Boston,
Massachusetts
|
-$23.1M |
| 5 |
HRCM
Hood River Capital Management
Palm Beach Gardens,
Florida
|
-$15.1M |
THC Hedge Fund Activity: Q3 2018 in Review
262 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Tenet Healthcare (THC) for Q3 2018, worth a combined $3.1B — down 13% from $3.57B a quarter earlier.
Buyers outnumbered sellers: 50 funds opened new THC positions and 39 closed out — a net gain of 11 holders — while 100 added to existing stakes and 75 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $51M. The largest seller was PFM Health Sciences, cutting an estimated $31.8M.
- 262 institutional investors held Tenet Healthcare (THC) as of Q3 2018, up from 253 in Q2 2018.
- Funds reported $3.1B of Tenet Healthcare stock for Q3 2018, down 13% quarter-over-quarter.
- 50 funds opened new Tenet Healthcare positions in Q3 2018 and 39 closed out, a net change of +11 holders.
- The largest Tenet Healthcare buyer in Q3 2018 was JP Morgan Chase, an estimated $51M added.
- The largest Tenet Healthcare seller in Q3 2018 was PFM Health Sciences, an estimated $31.8M sold.
Based on aggregated 13F filings for Q3 2018.